Tuesday, March 12, 2013

Dangerous New Normal in Student Debt

Many students can’t earn their way out of this trap--

A Dangerous ‘New Normal’ in College Debt - NYTimes.com: ". . . . The student debt crisis may become a dangerous “new normal,” according to a report this week by the nonprofit State Higher Education Executive Officers Association:
“In the ‘new normal,’ retirement and health care costs simultaneously drive up the cost of higher education, and compete with education for limited public resources. The ‘new normal’ no longer expects to see a recovery of state support for higher education such as occurred repeatedly in the last half of the 20th century. The ‘new normal’ expects students and their families to continue to make increasingly greater financial sacrifices in order to complete a postsecondary education. The ‘new normal’ expects schools and colleges to find ways of increasing productivity and absorb ever-larger budget cuts, while increasing degree production without, we hope, compromising quality.”. . . Our national educational aspirations and the debt crisis that they’re creating are colliding. We are on an unsustainable track. This will not end well."

BUSINESS MARKETING: What's the new normal?nwitimes.comChances are you and I will probably never experience a sinkhole swallowing us or a cataclysmic, almost instantaneous change in the marketplace, but the new normal says that we are going to experience some emergencies and major disruptions to our ...

Monroe County building bust is the new normalPocono RecordThe major housing subdivision era has come to an end in Monroe County and might not return anytime soon. Not a single proposed major subdivision — dividing a property for at least five new home lots — came before the county's 20 municipalities during ...

FP Passport: Actually, food riots might not be the 'new normal'Foreign Policy (blog)This week, Nafeez Mosaddeq Ahmed warned in the Guardian that food riots, spurred on by increasing prices and volatility, are going to make social unrest like the Arab Spring the "new normal." We now know that the fundamental triggers for the Arab ...

Yoko Ono Allows THE NEW NORMAL Use Of John Lennon SongBroadway WorldYoko Ono Allows THE NEW NORMAL Use Of John Lennon Song Genre-bending musical artist Yoko Ono has agreed to allow NBC's The New Normal to feature one of her deceased husband's most beloved and cherished songs in the season finale of the ...